# PPP loan: MEDS-1 AMBULANCE SERVICE INC
> **$340K** approved 04/06/2020 · Paid in Full · Loan `6088167008`
## Borrower
- **Name:** MEDS-1 AMBULANCE SERVICE INC
- **Address:** 1328 NW 5TH ST, GRAND RAPIDS, MN, 55744-2245
- **NAICS:** 621910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $340K
- **Initial approval:** $340K
- **Forgiven:** $344K (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $340K
- **Jobs reported:** 49
## Lender
- **Originating:** Grand Rapids State Bank
- **Servicing:** Grand Rapids State Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*